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by u/varga_maja·15hDiscussion

Gold's Resilience Despite Rate Talk

Interesting to see $XAUUSD holding its ground around 4185.78 today, up 0.73%, even with persistent chatter about potential rate hikes or at least higher-for-longer from the Fed. Usually, that kind of hawkish sentiment would be a stronger headwind. What are others attributing this resilience to? Is it just dollar weakness, or something else structural at play?

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